As discussed in my recent article, prospects for the education sector appear bright, despite years of austerity measures. Following 2014, which saw growth of 15.4% after four years of contraction, output growth in the education sector will remain in positive territory for the rest of the decade, boosting the construction industry’s longer-term outlook in our latest summer forecast.

Following growth of 9.5% in 2014, output in the construction industry is expected to grow by 4.9% in 2015, according to our latest summer forecast. In 2016, output is forecast to grow at 4.2%, surpassing pre-recession levels for the first time since the financial crisis.